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Weekly Market Report

For Week Ending April 5, 2025

Mortgage application volume increased 20% from one week earlier, according to the Mortgage Bankers Association, as a drop in rates caused a spike in demand. Purchase applications rose 9% from the previous week and were 24% higher than the same week a year ago, while refinance applications increased 35% from the previous week and were up 93% from the same week a year ago.

IN THE TWIN CITIES REGION, FOR THE WEEK ENDING APRIL 5:

  • New Listings increased 8.4% to 1,534
  • Pending Sales increased 18.7% to 1,043
  • Inventory increased 4.0% to 7,788

FOR THE MONTH OF FEBRUARY:

  • Median Sales Price increased 6.1% to $380,000
  • Days on Market increased 16.9% to 69
  • Percent of Original List Price Received increased 0.2% to 97.7%
  • Months Supply of Homes For Sale increased 5.3% to 2.0

All comparisons are to 2024

Click here for the full Weekly Market Activity Report. From MAAR Market Data News.

Weekly Report

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Rave Reviews

My fiancé & I purchased our 1st home thru Joe Kasel. We had a great experience start to finish!
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Alex & Kelsey S.


Thank you for being my Realtor.  What you did to get my lake home SOLD was phenomenal ! It was my l
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-
Jean F.


Recent Posts

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Testimonials

My fiancé & I purchased our 1st home thru Joe Kasel. We had a great experience start to finish!
Read More...


-
Alex & Kelsey S.


Thank you for being my Realtor.  What you did to get my lake home SOLD was phenomenal ! It was my l
Read More...


-
Jean F.


We LOVE our new home & location! We appreciate all your time & expertise! It has been a plea
Read More...


-
Jeff & Lisa Z.


Joe helped my fiancé & myself find our 1st home. He was quick to respond when we found somethin
Read More...


-
Joe & Allie B.


As we settle into our new home, we reflect on the kind, patient & supportive service you offered
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-
Tom & Katie P.


Joe definitely went above and beyond in his duties as our Realtor. He took the time to ensure that a
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Kevin & Cathy
, Maple Grove, MN


Just wanted to drop you a note to let you know how pleased we were with the service you performed fo
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Bob & Elaine
, Roseville, MN


My husband Michael accepted a new job and our family needed to relocate as quick as possible from Ra
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Michael & Lori
, Shoreview, MN


Thanks for doing such a great job marketing our home in Arden Hills! It is hard to believe that it w
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Barb & Brian
, Roseville, MN


Our neighbor Bill referred Joe to us after he sold his Mom’s house in St. Anthony. We told our
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Joy & Tom
, Arden Hills


I worked with Joe on the sale of my mother’s home in St. Anthony Village after someone referre
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Bill
, Arden Hills ----mothers' home sold in St. Anthony Village, MN


We could of never accomplished our goals without your help! How often does a Realtor approach the ow
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Bob & Colette
, North Oaks, MN & St. Anthony Village, MN


Back in November of 2009, we decided to sell our town home. We interviewed a number of realtors, but
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Jeff and Sarah
, New Brighton,MN


I just wanted to send you a quick thank you for all your efforts on our behalf in the sale of our ho
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John & Judy
, New Brighton, MN


In today’s real estate market, Joe knows exactly what to do!    Throughout the sales cycl
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Tina M
, NE Minneapolis, MN


STAY IN TOUCH

JOE KASEL
Sales Executive
612-532-1177
Joe@KaselHomes.com

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